"China is buying uranium - but is now sitting on stockpiles sufficient to meet current annual consumption eight times over."
China currently has 20 operating reactors and 8 years "current annual consumption" supply in stockpile.
Using a base unit of 1, they have 20 x 8 x 1 = 160 base units of supply in stockpile.
China is currently building 29 reactors.
Stockpile is now 160 / (20+29) = 3.3 years supply.
China has 59 rectors planned.
Stockpile is now 160 /(20+29+59) = 1.5 years supply.
China has 118 reactors proposed.
Stockpile is now 160 /(20+29+59+118) = 0.7 years supply.
Source: http://www.world-nuclear.org/info/Facts-and-Figures/World-Nuclear-Power-Reactors-and-Uranium-Requirements/#.UfW_pNIwdqy
Pretty basic/poor maths that ignores the size of the reactors and timelines but China will need a lot more U than the current stockpile.
You also neglect to write the "disclaimer" at the bottom of the article:
"Jim Green is the national nuclear campaigner with Friends of the Earth and co-author of the 2013 report, 'Yellowcake Fever: Exposing the Uranium Industry's Economic Myths'."
Who are Friends of the Earth you ask???
Well, the just happen to be anti-U campaigners:
http://www.foe.org.au/anti-nuclear
Seems Mr Green likes to hug trees, and maybe hug prakasht too.
The story is most likely full of bogus info and Jim Green full of _ _ _ _. Next!
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